A Big Week In Energy For The Obama Administration

05:13

August 18, 2015

On May 6, 2015, two ships sit moored at Seattle's Terminal 5, including the Shell support vessel Aiviq, where Royal Dutch Shell wants to park two massive Arctic oil drilling rigs. (Elaine Thompson/AP)

There is mixed news this week for environmentalists and oil and gas companies. Yesterday, the Obama administration granted Royal Dutch Shell a long-sought victory with a permit to drill in the Arctic Ocean. Then today, the Obama administration gave a win to environmentalists, proposing new restrictions on methane emissions - part of a broader effort to slow climate change.

Guest

Phil Flynn, energy market analyst at Price Futures Group. He tweets @EnergyPhilFlynn.

This segment aired on August 18, 2015.

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